Material clause Sample Clauses

Material clause. This clause 4 is a material provision of this Agreement.
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Material clause. All pricing for raw material and component parts used for the Products by the Seller shall be the sole responsibility and liability of the Seller, and Seller shall not attempt to pass on any increase in raw material or component costs related to the Product to the Buyer in the way of surplus charges, additional fees, currency fluctuations or otherwise. It is further agreed that currency fluctuation shall not be a basis for Seller to increase raw material pricing.
Material clause. Customer understands and acknowledges that Konnectryx prides itself on the high caliber of its employees and contractors, and places a high value upon such resources. Konnectryx takes into account the cost of finding and retaining its people when formulating pricing and timing of deliverables to Customer. As such, Customers’ agreeing to this Section is a material and indispensable factor in Konnectryx’s decision to provide Services to Customer.

Related to Material clause

  • Material Permits Maintain all material permits and licenses as may be necessary to properly conduct their respective businesses, the failure of which to maintain could reasonably be expected to have a Material Adverse Effect.

  • Material Contracts; No Defaults (a) The SPAC has filed as an exhibit to the SPAC SEC Reports all Contracts, including every “material contract” (as such term is defined in Item 601(b)(10) of Regulation S-K of the SEC) (other than confidentiality and non-disclosure agreements and this Agreement) to which, as of the date of this Agreement, SPAC is a party or by which any of its respective assets are bound.

  • No Material Undisclosed Liabilities The Borrower does not have on the Effective Date any contingent liabilities, liabilities for taxes, unusual forward or long-term commitments or unrealized or anticipated losses from any unfavorable commitments in each case that are material, except as referred to or reflected or provided for in the audited financial statements as at March 31, 2016 referred to above and the footnotes thereto and unaudited financial statements for the six-month period ended September 30, 2016.

  • Material Contracts Section 3.20

  • Schedules; Knowledge Each party is presumed to have full knowledge of all information set forth in the other party's schedules delivered pursuant to this Agreement.

  • Knowledge of Seller Where any representation or warranty contained in this Agreement is expressly qualified by reference to knowledge, Seller confirms that it has made or caused to be made due and diligent inquiry as to the matters that are the subject of such representations and warranties.

  • Disclosure Schedule 3 18 lists all insurance policies of any nature maintained, as of the Closing Date, for current occurrences by each Credit Party, as well as a summary of the terms of each such policy.

  • Definition of “Knowledge For purposes of the Loan Documents, whenever a representation or warranty is made to Borrower’s knowledge or awareness, to the “best of” Borrower’s knowledge, or with a similar qualification, knowledge or awareness means the actual knowledge, after reasonable investigation, of the Responsible Officers.

  • Material Contract “Material Contract” is defined in Section 3.9(a) of the Agreement.

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